Because the articles of incorporation embody the basic contract between a corporation and its shareholders,shareholders must approve most changes in the articles.Which of the following is an example of "such changes" in the article?
A) Place of shareholder meeting
B) Increase in the number of authorized shares
C) Amount of annual dividend
D) Date of shareholder meeting
Correct Answer:
Verified
Q49: N-Ext Corp.(NEC)was defectively organized.As a result,even a
Q50: To retain its status as a corporation
Q51: Any corporation that has complied with all
Q52: Equity securities consist of:
A)debentures and promissory notes.
B)short-term
Q53: If repurchased shares are neither canceled nor
Q55: What is the only function of an
Q56: Which of the following is included in
Q57: Under the MBCA,which of the following is
Q58: A bank may lend money to a
Q59: _ shares are shares that have been
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents